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1323 Washington Ave
Miami Beach, FL 33139
Receivership Auction · Retail Property For Sale
Investment Highlights
- This property is being offered through a receivership auction with a minimum overbid of $4,400,000 due by September 30th, 2025.
- The asset is approximately 80% leased and generates an estimated $440,000 in gross annual income.
- Located in the heart of South Beach, the site boasts 100 feet of prime frontage on Washington Avenue.
- With a Walk Score of 97 and a daily traffic count of 16,747, the location offers exceptional visibility and foot traffic.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
9,266 SF
Building Class
B
Year Built/Renovated
1936/1956
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.30 AC
Zoning
CD-2 - COMMERCIAL
Parking
5 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
100’ on Washington Ave
Amenities
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 02-3234-008-0960 | Improvements Assessment | $470,478 |
| Land Assessment | $5,200,000 | Total Assessment | $5,670,478 |
Property Taxes
Parcel Number
02-3234-008-0960
Land Assessment
$5,200,000
Improvements Assessment
$470,478
Total Assessment
$5,670,478
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